DSP Midcap Direct Plan-Growth

Q: What are the returns of DSP Midcap Fund?

The DSP Midcap Fund is a 12 yrs 5 m old fund and has delivered average annual returns of 17.93% since inception. DSP Midcap Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 8.96% 22.36% 23.7% 16.58% 17.93%

NAV as of Jun 05, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹159.82+0.25% 1 day change	17.93% p.a.	#NA View Ranked Funds	₹17,658 Crs

Historical NAV & returns

NAV: ₹159.82 as on Jun 05, 2025

This fund Category average

DSP Midcap Fund overview

Expense ratio	0.75% as on May 31, 2025
Exit load	1.0% Exit load of 1% if redeemed less than 12 months!
AUM (Fund size)	₹17,658 Crs
Lock-in	No Lockin
Age	12 yrs 5 m since Jan 01, 2013
Benchmark	NIFTY Midcap 150 TRI
Min. investment	SIP ₹500 & Lump. ₹1000
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, pay tax of 12.5% on returns of ₹1.25 lakh+ in a financial year

DSP Midcap Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Jun 06, 2025

Period	This fund	Category average
1 Month	7.89%	8.31%
3 Months	15.4%	14.98%
6 Months	-3.09%	-2.76%
1 Year	8.96%	11.1%
2 Years	27.16%	29.38%
3 Years	22.36%	26.13%
4 Years	15.32%	21.37%
5 Years	23.7%	31.1%
7 Years	15.96%	19.44%
10 Years	16.58%	17.67%

View returns in detail

Asset allocationas on Apr 30, 2025

Large Cap 10.816877999999999%

Mid Cap 67.012334%

Small Cap 15.580788%

Other Cap 0.0%

Top holdings

Coforge Ltd.4.09%

Ipca Laboratories Ltd.3.68%

Max Financial Services Ltd.3.29%

Coromandel International Ltd.2.92%

Top sectors

Financial 15.120000000000001%

Healthcare 11.32%

Capital Goods 10.590000000000002%

Automobile 10.48%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Reverse Repo 6.31%

Net Receivables 0.28%

Other Holdings

Others 6.31%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
DSP Midcap Fund	N.A.	₹17,658 Crs	12 yrs 5 m	0.75%
Motilal Oswal Midcap Fund	N.A.	₹27,780 Crs	11 yrs 4 m	0.7%
Nippon India Growth Fund	N.A.	₹34,690 Crs	12 yrs 5 m	0.72%
HDFC Mid-Cap Opportunities Fund	N.A.	₹72,610 Crs	12 yrs 5 m	0.77%
Kotak Emerging Equity Fund	N.A.	₹48,129 Crs	12 yrs 5 m	0.42%
Edelweiss Mid Cap Fund	N.A.	₹8,634 Crs	12 yrs 5 m	0.4%

Fund name	1M	6M	1Y	3Y	5Y	10Y
DSP Midcap Fund	7.89%	-3.09%	8.96%	22.36%	23.7%	16.58%
Motilal Oswal Midcap Fund	5.9%	-10.15%	16.82%	33.96%	38.35%	19.3%
Nippon India Growth Fund	8.28%	-1.78%	13.8%	29.71%	34.33%	19.06%
HDFC Mid-Cap Opportunities Fund	7.56%	-1.12%	12.62%	30.77%	33.86%	18.96%
Kotak Emerging Equity Fund	9.63%	-3.0%	12.93%	26.1%	32.17%	19.62%
Edelweiss Mid Cap Fund	8.26%	-2.21%	18.78%	30.74%	35.55%	19.76%

Fund name	Std. deviation	Beta	Sharpe	Sortino
DSP Midcap Fund	17.34	0.98	0.84	1.3
Motilal Oswal Midcap Fund	18.22	0.89	1.33	1.63
Nippon India Growth Fund	16.22	0.93	1.28	1.91
HDFC Mid-Cap Opportunities Fund	15.11	0.87	1.41	2.09
Kotak Emerging Equity Fund	16.24	0.91	1.07	1.4
Edelweiss Mid Cap Fund	16.65	0.95	1.26	1.69

View all Mid Cap funds

Key risk & return ratios Compared to other funds in the category

Alpha	-3.22 vs. 7.14 Underperformed at beating benchmark
Sharpe	0.84 vs. 7.54 Poor risk-adjusted returns
Beta	0.98 vs. 1.03 Less sensitive to market ups & downs
Standard deviation	17.34 vs. 13.66 More volatile performance

Compare DSP Midcap Fund in detail with

About this fund

About DSP Midcap Fund

DSP Midcap Direct Plan-Growth is a Mid Cap mutual fund scheme from Dsp Mutual Fund. This fund has been in existence for 12 yrs 5 m, having been launched on 01/01/2013. DSP Midcap Direct Plan-Growth has ₹17,658 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of DSP Midcap Direct Plan-Growth as of 05/06/2025 is ₹159.82. The fund has an expense ratio of 0.75%, which is close to what most other Mid Cap funds charge.

DSP Midcap Direct Plan-Growth returns of last 1-year are 11.37%. Since launch, it has delivered 17.95% average annual returns. The fund has doubled the money invested in it every 5 yrs.
DSP Midcap Direct Plan-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is below average.
The fund has the majority of its money invested in Financial, Healthcare, Capital Goods, Automobile, Chemicals sectors. It has taken less exposure in Financial, Healthcare sectors compared to other funds in the category.
The fund's top 5 holdings are in Coforge Ltd., Ipca Laboratories Ltd., Max Financial Services Ltd., Coromandel International Ltd., Dixon Technologies (India) Ltd..

...

Fund AUM	₹17,658 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Abhishek Ghosh

Mr. Ghosh is a MBA Finance, BE (Electronics) Prior to joining DSP Mutual Fund, he has worked with Motilal Oswal Securities, IDFC securities Ltd, BNP Paribas, B&K Securities, Edelweiss Securities.

Vinit Sambre

Mr. Sambre is a B.Com and FCA. Prior to joining DSP he was associated with DSP Merrill Lynch Ltd.(Nov 2005 to Jun 2007), IL & FS Investsmart Ltd. (Dec 2002 to Oct 2005), Unit Trust of India Investment Advisory Services Ltd.(Jun 2000 to Dec 2002), Kisan Ratilal Choksey Shares and Securities Pvt. Ltd. (March 1999 to May 2000) and Credit Rating Information Service of India Ltd.(Apr 1998 to Feb 1999).

Investment objective

The scheme aims to generate long term capital appreciation from a portfolio that is substantially constituted of equity and equity related securities of midcap companies.

DSP Mutual Fund details

No. of schemes	50 view all schemes
Total AUM	₹1,87,436 Crs as on Mar 31, 2025
Address	NATRAJ, Office No. 302-3rd Floor-Plot No. 194, MV Road Junction Western Express Highway, Andheri East Mumbai, 400069
Phone	1800-208-4499 / 1800-200-4499

More funds from DSP Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	5Y
DSP India T.I.G.E.R. Fund	N.A.	₹4,950 Crs	2.19%	35.58%
DSP Small Cap Fund	N.A.	₹14,258 Crs	18.18%	34.52%
DSP Natural Resources and New Energy Fund	N.A.	₹1,227 Crs	-1.09%	28.45%
DSP ELSS Tax Saver Fund	N.A.	₹16,638 Crs	12.98%	26.93%
DSP Large & Mid Cap Fund	N.A.	₹14,387 Crs	11.47%	26.33%
DSP Healthcare Fund	N.A.	₹2,912 Crs	18.58%	24.77%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of DSP Midcap Fund?

The current Net Asset Value (NAV) of the DSP Midcap Fund - Direct Growth plan is approximately ₹159.82 as of Jun 05, 2025.

What are the returns of this mutual fund scheme?

The DSP Midcap Fund is a 12 yrs 5 m old fund and has delivered average annual returns of 17.93% since inception.

DSP Midcap Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
8.96%	22.36%	23.7%	16.58%	17.93%

How much does this mutual fund charge as expense ratio?

The DSP Midcap Fund - Direct Growth has an expense ratio of 0.75%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The DSP Midcap Fund currently has assets under management (AUM) or fund size valued at approximately ₹17,658 Crs crore as of Mar 31, 2025.

What are the top stock holdings of DSP Midcap Fund?

The DSP Midcap Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
Coforge Ltd.	4.09%
Ipca Laboratories Ltd.	3.68%
Max Financial Services Ltd.	3.29%
Coromandel International Ltd.	2.92%
Dixon Technologies (India) Ltd.	2.85%
Power Finance Corporation Ltd.	2.68%
Bharat Forge Ltd.	2.6%
Supreme Industries Ltd.	2.5%
The Phoenix Mills Ltd.	2.46%
Page Industries Ltd.	2.45%

What are the top sectors DSP Midcap Fund has invested in?

The DSP Midcap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	15.120000000000001%
Healthcare	11.32%
Capital Goods	10.590000000000002%
Automobile	10.48%
Chemicals	9.3%
Technology	8.39%
Materials	4.76%
Energy	4.63%
Services	3.8900000000000006%
Consumer Staples	2.9699999999999998%

What is risk level of DSP Midcap Fund?

This is a Mid Cap fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in DSP Midcap Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for DSP Midcap Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in DSP Midcap Fund is complete.

How can I redeem my investments in DSP Midcap Fund?

Redeeming your investments in DSP Midcap Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in DSP Midcap Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Mid Cap

#NA

Return Outperformance: This fund has generated highest return amongst Mid Cap funds in the last 10 Years.
Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Chance: This fund has generated only 12.62% annual return in 70% of times for investors holding for at least 5 years.
Exit Load: Exit load of 1% if redeemed less than 12 months